News

Goldman Warns Oil Below $40 Is Possible in ‘Extreme’ Scenario
Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall ...
The Herald2d
Oil could sink below $40 under ‘extreme’ conditions
Goldman Sachs Group — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below ...
U.S. crude oil closes below $60 per barrel as selloff continues on fears of full-blown trade war
The market faces a “toxic cocktail” of recession fears and the decision by OPEC to increase production, said Helima Croft ...
Cleanup efforts underway after Keystone Pipeline spills estimated 3,500 barrels of crude oil
A spokesperson for management company South Bow said personnel recovered 700 barrels, or about 20% of the spilled product, as ...
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
U.S. oil prices dropped below $60 a barrel on Sunday as the global market sell-off on recession fears fueled by President ...
Saudi will not waste a Trump-fuelled oil crisis
President Donald Trump's global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can turn ...
Reuters8d
Oil dives more than 6%, steepest fall in 3 years on tariffs, OPEC+ supply boost
At a ministers' meeting on Thursday, OPEC+ countries agreed to advance their plan for oil output hikes, now aiming to return 411,000 barrels per day to the market in May, up from 135,000 bpd ...